Karman Holdings Raises 2026 Revenue and EBITDA Guidance
Karman raised its 2026 revenue forecast to $755 million–$760 million and adjusted EBITDA projection to $225 million–$227 million. It reaffirmed 20%–25% organic growth and approximately 30% adjusted EBITDA margins for 2026 and 2027.
Karman Holdings (KRMN) has raised its 2026 revenue forecast to a range of $755 million—$760 million and its adjusted EBITDA projection to $225 million—$227 million. The company reaffirmed its expectations for 20%—25% organic growth and adjusted EBITDA margins of approximately 30% for 2026 and 2027. Operationally, the company has commenced automated production in Salt Lake City, initiated construction of a polymer plant in Gulfport, and is expanding facilities in Cedar City to support demand for unmanned aircraft propulsion systems.
Meanwhile, revenue from space activities and launches declined 7% year-over-year to $38 million, attributed partly to changes in the ULA Vulcan launch schedule. The company noted an increase in New Glenn orders and anticipates a revenue recovery in 2027.